Tag Archives: data

VAT – Making Tax Digital (MTD) Update

By   17 July 2018

Time moves on and HMRC has published further information on MTD. I outlined the basics of MTD here

The recent publication lists software suppliers which HMRC say have both:

  • tested their products in HMRC’s test environment
  • already demonstrated a prototype of their software to HMRC

HMRC will update this list as testing progresses. We advise to check with your existing software supplier to see if they will be supplying suitable software for the pilot, or contact one listed below in the HMRC publication:

Background

HMRC state that more than 130 software suppliers have told them that they are interested in providing software for MTD for VAT. Over 35 of these have said they will have software ready during the first phase of the pilot in which HMRC is testing the service with small numbers of invited businesses and agents. The pilot will be opened up to allow more businesses and agents to join later this year.

Good luck everyone!